Norway and the European Commission “will continue their cooperation to ensure additional short and long-term supplies of Norwegian gas,” we read in a statement issued after the meeting between European Commission Vice-President, Frans Timmermans, and Norway’s Energy Minister, Terje Aasland.

Timmermans, who oversees EU climate policy, Minister Aasland and EU Energy Commissioner Kadri Simson signed a statement also announcing that sales of Norwegian gas to the EU in 2022 could increase by 8%. – Up to 122 billion cubic metres.

Norway will increase gas supplies to the European Union

The message says so too Norway It will remain an important supplier of gas to Europe after 2030, and the European Union supports its plan to increase the exploitation of oil and gas fields, assuming that gas demand in the Union will fall by 30% by 2030.

Reuters reports that the European Union imports about a fifth of the gas it consumes from Norway, while that was before the Russian invasion Ukraine 40% of the raw materials came from Russia.

Gas cut from Russia

Earlier on Thursday, Timmermans reported that the cuts in gas supplies by Russia affected 12 EU member states, including Poland, FranceItalia, Holland and Finland. He added that ten of them had issued an “early warning” about gas supplies – the first of three risk assessment levels included in the EU’s energy security strategy.

EU countries are required to have plans divided into three risk levels, outlining the risks of power supply disruptions.

Main image source: stock struggle

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